Oddbean

UBS' Paul Donovan on U.S election, the economy and its industry policy ========== Paul Donovan from UBS Global Wealth Management discusses a wide range of issues facing the global economy, including the U.S. election and its implications, the state of the economy, and industry policy. The analyst mentions that Biden is closer to bowing out today compared to 24 hours ago. There is a discussion on the risk of a U.S. recession in the next 12 months, which the market seems to be ignoring. The article also mentions the sale of souvenir T-shirts of Trump shooting on China's Taobao platform. Other topics covered include the outlook for U.S.-Philippine ties ahead of the presidential election, Alcoa's earnings and the possible impact of a Trump presidency, and the impact of access to data on AI development. The article includes several videos on topics such as new media agreements in the NBA, Ford's after-hours stock fall, and the market correction of the 'Magnificent 7'. https://www.cnbc.com/video/2024/07/25/paul-donovan-on-u-s-election-economy-and-industry-policy.html